Nasim Zaidi quits Jet Airways board

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Nasim Zaidi, the former Chief Election Commissioner, was a non-executive and non-independent director in the Jet Airways board.

Citing “personal reasons” and “time constraints”, former Chief Election Commissoner Nasim Zaidi has quit the Board of Directors of grounded carrier Jet Airways.

Mr. Zaidi, who was also a former civil aviation secretary, joined the Jet Airways board in August last year as a non-executive and non-independent director.

“This is to inform you that Nasim Zaidi has submitted his resignation as a non-executive, non-independent director of the company with effect from April 21 due to personal reasons and constraints of time,” Jet Airways said in an exchange filing on Monday.

The airline, which ceased all its operations temporarily last week, is under the management control of State Bank of India-led consortium of lenders following a debt-recast plan approved by its board last month.

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